Bloomberg.com
14 Aug 2008
By Shamim Adam
Aug. 14 (Bloomberg) -- Singapore should allow its currency to strengthen at a faster pace to combat inflation, the International Monetary Fund said, even as the nation faces a worsening slowdown in economic growth.
``Ensuring that inflation expectations remain well anchored is a policy priority,'' the Washington-based lender said in a statement on its Web site late yesterday, predicting consumer price gains will stay ``elevated.'
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